- Canadian Solar’s first-quarter 2025 revenue forecast is between $1.0 billion and $1.2 billion, missing the estimated $1.56 billion.
- Expected solar module shipments for the first quarter of 2025 range from 6.4 to 6.7 gigawatts (GW).
- In the fourth quarter, Canadian Solar achieved earnings per share (EPS) of 48 cents, a significant improvement from the previous year’s loss per share of 2 cents.
- The company’s gross margin increased to 14.3% from 12.5% year-over-year (y/y).
- Net revenue in the fourth quarter was $1.52 billion, an 11% decline from the previous year, missing the $1.57 billion estimate.
- Fourth-quarter solar module shipments were consistent at 8.2 GW compared to the previous year.
- Canadian Solar highlights strategic adjustments in their modules business that supported stronger profitability amid industry pressures.
- The storage sector, especially when combined with solar, is gaining interest due to increasing energy demands from data centers and electric vehicles.
- Delays in project sales throughout 2024 negatively affected the company’s annual performance.
- Profitability faced challenges due to impairments in Recurrent Energy projects, certain solar manufacturing assets, and regulatory duties/tariffs.
- The market analyst recommendations include 7 buy ratings, 2 holds, and 4 sells for Canadian Solar.
Canadian Solar Inc on Smartkarma
Analysts on Smartkarma have been closely following Canadian Solar Inc, as highlighted in the research report by Value Investors Club titled “Canadian Solar Inc (CSIQ) – Monday, Jul 1, 2024.” The report mentions that Canadian Solar primarily focuses on producing solar panels, but has encountered challenges like high debt, financial reporting questions, and fraud concerns. Despite these issues, the analysts lean towards a bullish sentiment, suggesting that the company’s stock may currently be undervalued with potential for growth.
A look at Canadian Solar Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Canadian Solar Inc. is well-positioned for long-term growth, supported by strong value characteristics. The company’s focus on delivering value to investors reflects positively on its overall outlook. However, its dividend, growth, resilience, and momentum scores are comparatively lower. Despite this, Canadian Solar Inc. remains a promising investment option, especially for those seeking value opportunities in the solar industry.
With a diversified product range catering to residential, commercial, and industrial solar power systems, Canadian Solar Inc. continues to establish itself as a key player in the renewable energy sector. While certain factors such as dividend yield and growth potential may require closer monitoring, the company’s solid value score underscores its potential for sustained growth and profitability in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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